Hong Kong is expanding its market outreach in the Middle East by linking up with the investment authority in oil-rich Qatar, paving the way for future cooperation and strategic alliances between the two financial hubs.
The Financial Services Development Council (FSDC) and the Qatar Financial Centre Authority, signed a memorandum of understanding (MOU) to formalise their relationship. Both parties agreed to share best practices, facilitate training and exchange programmes, and enhance connectivity in the sector, among other things.
Source: Trade Finance